334 Shares in iShares U.S. Financials ETF (NYSEARCA:IYF) Bought by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 334 shares of the company’s stock, valued at approximately $37,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP bought a new position in shares of iShares U.S. Financials ETF in the third quarter worth $41,000. Financial Life Planners bought a new position in shares of iShares U.S. Financials ETF in the fourth quarter worth $42,000. Bogart Wealth LLC grew its stake in shares of iShares U.S. Financials ETF by 34.2% in the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after purchasing an additional 106 shares in the last quarter. Anchor Investment Management LLC grew its stake in shares of iShares U.S. Financials ETF by 320.0% in the third quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after purchasing an additional 528 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. grew its stake in shares of iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after purchasing an additional 184 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

NYSEARCA:IYF opened at $117.89 on Wednesday. The stock has a market cap of $3.27 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The business has a fifty day moving average of $114.14 and a 200-day moving average of $108.80. iShares U.S. Financials ETF has a 1 year low of $86.24 and a 1 year high of $119.90.

About iShares U.S. Financials ETF

iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.